Monday, April 23, 2012

Warming set to make corn prices pop

Agence France-Presse: Climate change will more than quadruple US corn prices in years of peak volatility, environmental scientists said on Sunday. In a study of the factors that drive up prices in the world's key market for corn, more frequent heatwaves, predicted as a result of global warming, proved far more important than government policies to promote biofuels or than higher oil prices. "Severe heat is the big hammer," said Noah Diffenbaugh of Stanford University in California. "Even one or two degrees of...

URL: http://www.google.com/hostednews/afp/article/ALeqM5jCQ1FPY3L9TVP5iReSHjV1NFb1uQ?docId=CNG.bfe6c8bba0f3646d32ac6c2f4ac3e770.1c1

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